DAIRYING PROGRESS

New Zealand Herald, Volume LXXII, Issue 22177, 2 August 1935, Page 9

DAIRYING PROGRESS

COMPANY CELEBRATIONS RUAWAI ANNIVERSARY OVER £23,000 DISTRIBUTED" [BV TKJYEGRAPir —OWN COHRESBONDE'NT] DA3GA.VILLE, Thursday Shareholders nnrl suppliers of tho Ruawai Dairy Company made a gals* day of the annual meeting, -when, in addition to the routifie business, they celebrated the 21st anniversary of the company. The proceedings commenced with a lunch at mid-day, when a fourtier cake made by the ladies of the district was cut by one of the founders of the company, Air. Thomas Wallace, who is still on the board of directors. Mr. Wallace gave an account oi: the early history of the company. The chairman of directors, Mr. John' Irwin, presided over the annual meeting, at which over 200 attended. Mr. Irwin traced the operations of the company from its infancy, mentioning the financial troubles the company had been through, especially in what was known as the "reclamations-ear" when, as a result of the slump in butter prices from 180s to 110s per cwt., suppliers had had to refund no less than £7OOO. It was a tribute to their grit that this had been paid back in one year. Mr. Irwin also commented upon the success of the company's products in various competitions and referred to ths successful'opening of a market for pat butter in Auckland, where trade was continually growing. The report and balance-sheet were adopted. The retiring directors, Messrs. J. McGowan, T. Wallace and D. Wright, wii;h the addition of Messrs. T. E. Donovan and P. Mac-G. Stewart, have been nominated for the directorate, for which nominations close on August 7. The celebrations concluded in the evening, when over 500 people attended a social, at which the representatives of other companies in "the district offered their congratulations. During the day the tonus for the year, amounting to £20,903, and a dividend on share capital amounting to £B4O, was paid out. A rebate of £2044 on stores purchased was also made available. NORTHERN WAIROA COMPANY NOMINATIONS FOR DIRECTORATE [by telegraph—own correspondent] DARGAVILLE, Thursday Nominations for the two vacancies on the board of directors of the Northern Wairoa Co-operative Dairy Company have closed, the following nominations being received:—Messrs. E. George Apple ton, C. N. Taylor (sitting), T. A. Ballantyne and E. S. Young. Mr. Appleton is the present chairman and Mr. Taylor is the oldest sitting director. A postal ballot will take place, and the contest promises to be one of the keenest in. the history of. the company. BRUNTWOOD FOUNDATION TWENTY-ONE YEARS' GROWTH [from our own correspondent] CAMBRIDGE. Thursday j The 21st anniversary of the foundI iing of the Bruntwood Co-operative Dairy Company, Limited, was celebrated with a dinner in Cambridge last j eivening. The chairman of directors, I Mr. W. N. Perry, over an attendance of 150 suppliers, their wives, representatives of other dairy companies and local organisations. Many congratulations were offered to the directors, suppliers, and the staff. Prominent speakers were: The chairman. Mr. W. N. Perry, and Mr. F. Lye, M.P.; Mr. C, J. Parlane, genferal manager of the New Zealand Dairy Company, Limited; Mr. W. H. Kent, of Auckland; and Mr. W. EU;rbutt, chairman of the Cambridge Co-opera-tive Dairy Company, Limited. The toast of "the Bruntwoocl Dairy Company'' was proposed by Mr. C. j. Potts, the first chairman, and replied to by Mr. W. N. Perry. Mr. Perry said the company had grown from an initial production of 148 tons of cheess to an output of over 800 tons. The original pay-out of the company was Is 6§cl per lb. butter-fat, which gradually rbse, until in 1921 the asTouuding pay-out figure of 2s Sd was reached. This year's pay-out, although it had fallen to 10.2~d, was the highest in the Dominion. Mr. F. Lye, M.P., proposed the toast of the "Dairy Division," stating that its scientific discoveries had played a large part in the progress of the dairv industry. «